Financial Performance - The company's revenue for Q1 2024 was ¥174,999,615.15, a decrease of 17.24% compared to ¥211,447,555.87 in the same period last year[6] - The net profit attributable to shareholders was -¥9,881,961.00, an improvement of 10.98% from -¥11,101,307.26 year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,517,139.29, a significant decline of 1,532.75% compared to ¥1,083,029.14 in the previous year[6] - Total operating revenue for the current period is ¥174,999,615.15, a decrease of 17.2% compared to ¥211,447,555.87 in the previous period[31] - Net profit for the current period is -¥9,881,961.00, an improvement from -¥11,101,307.26 in the previous period, reflecting a narrowing loss[33] - The company reported a net comprehensive loss of ¥9,881,961.00 for the first quarter, compared to a loss of ¥11,101,307.26 in the same period last year, indicating an improvement[58] Cash Flow and Operating Activities - The net cash flow from operating activities was ¥12,797,633.04, down 67.75% from ¥39,677,247.46 in the same period last year[6] - Cash flow from operating activities generated a net amount of ¥12,797,633.04, down from ¥39,677,247.46, indicating a need for improved cash management[35] - The total cash inflow from operating activities for the first quarter was ¥186,891,957.07, a decrease of 22.1% compared to ¥239,847,926.18 in the previous year[64] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,602,383,756.91, a decrease of 0.89% from ¥1,616,847,603.10 at the end of the previous year[6] - The equity attributable to shareholders was ¥728,526,077.97, down 1.19% from ¥737,280,348.51 at the end of the previous year[6] - Total liabilities decreased slightly to ¥873,857,678.94 from ¥879,567,254.59, indicating stable financial health[31] - The company's inventory increased to ¥86,638,074.63 from ¥72,221,141.41, representing an increase of 20%[54] - Accounts payable decreased significantly to ¥62,733,859.84 from ¥83,099,977.89, a reduction of approximately 24.5%[54] Shareholder Information - The company reported a total number of ordinary shareholders at the end of the reporting period was 14,345[20] - The top ten shareholders include major entities such as Zhengda Investment Co., Ltd. holding 22,573,000 shares, representing a significant portion of the company's equity[46] - The company has engaged in strategic partnerships and investments, as indicated by the involvement of various investment management firms among its top shareholders[48] - There were no significant changes in the number of shareholders or their voting rights, maintaining stability in ownership structure[48] Expenses and Investments - Total operating costs for the current period amount to ¥206,430,485.66, slightly down from ¥210,465,304.13, indicating a cost management strategy[31] - Research and development expenses increased to ¥7,346,462.35 from ¥4,111,012.56, highlighting a focus on innovation and product development[33] - Sales expenses increased to ¥8,513,185.99 from ¥7,220,623.39, indicating higher marketing efforts[33] - R&D expenses increased by 78.70% to 7,346,462.35 yuan, primarily due to the initiation of new projects at the end of the previous year[44] - Financial expenses surged by 124.60% to 9,334,233.14 yuan, attributed to the absence of convertible bond interest amortization in the same period last year[44] Management and Strategic Direction - The company appointed Mr. Sun Yingchun as the new General Manager, effective from the date of the board meeting on February 23, 2024[51] - The company has plans for market expansion and new product development as indicated by the increase in R&D spending[33] - The company has not executed any new product or technology developments in the reported quarter[60] - The company did not report any market expansion or acquisition activities during the first quarter[60] Other Financial Metrics - The basic and diluted earnings per share were both -¥0.053, an improvement of 8.62% from -¥0.058 in the previous year[6] - Non-current asset disposal loss amounted to -16,695.00 yuan, while government subsidies recognized in the current period totaled 5,198,236.95 yuan, contributing positively to the financial results[40] - The total amount of other income increased by 31.16% to 493,351.14 yuan, reflecting a rise in government subsidies related to daily activities[44] - The company reported a credit impairment loss of 73,870.82 yuan, a 239.33% increase compared to the previous year, due to a reduction in bad debt provisions for other receivables[44] - The total assets decreased to ¥1,602,383,756.91 from ¥1,616,847,603.10, reflecting a decline of approximately 0.15%[54] - The report for the first quarter was not audited[66]
晓鸣股份(300967) - 2024 Q1 - 季度财报